zlacker

[parent] [thread] 4 comments
1. gadder+(OP)[view] [source] 2025-07-28 15:05:35
Yes, but only total GDP goes up. GDP per person goes down.
replies(2): >>arrows+e4 >>12ian3+f6
2. arrows+e4[view] [source] 2025-07-28 15:33:39
>>gadder+(OP)
GDP per capita in the UK is still lower than it was in 2008.

Gen Z have never experienced economic growth. They don't know what it means to get richer.

replies(1): >>gadder+zb
3. 12ian3+f6[view] [source] 2025-07-28 15:45:22
>>gadder+(OP)
Not true in isolation. It depends on the productivity difference between the existing average and those being added.
replies(1): >>gadder+Pa
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4. gadder+Pa[view] [source] [discussion] 2025-07-28 16:15:33
>>12ian3+f6
So if you add more people, and gdp per capita goes down, you think it isn't due to the people being added?
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5. gadder+zb[view] [source] [discussion] 2025-07-28 16:19:57
>>arrows+e4
I remember when Gordon Brown promised "An end to boom and bust economics." I didn't that meant realise no more booms.

In the 90s in the UK, skilled working class tradesmen making huge amounts of money was such a stereotype that there was even a comedy character about it. I can't imagine seeing that happen again.

https://en.wikipedia.org/wiki/Loadsamoney

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